Sealsq enters non-binding MoU to potentially acquire stake in Quobly

WISeKey (WKEY) announced that its subsidiary, Sealsq (LAES) has entered into a non-binding memorandum of understanding leading to exclusive negotiations with the shareholders of Quobly SAS to make an initial minority investment and then potentially acquire a majority stake in Quobly. The proposed transaction remains subject to the negotiation and execution of definitive agreements, completion of financial, legal, technical and commercial due diligence, receipt of required corporate and regulatory approvals, and the satisfaction of other customary closing conditions. These exclusive negotiations result from the execution of a non-binding memorandum of understanding that contemplates a multi-stage transaction. This transaction is anchored within Sealsq’s quantum strategy and supported in part by its dedicated quantum fund designed to accelerate the emergence of quantum technologies across Europe. If completed, the transaction would result in a total investment of approximately $200M by Sealsq in return for a majority stake in Quobly. The entering into exclusive negotiations with Quobly follows the ongoing strategic collaboration between Sealsq and Quobly, announced on November 21, 2025.